With the publication of the Vickers Report in September 2011 there has been much debate about how to prevent further banking crises. Much of this has ignored the historical context. In this... More > provocative account, Thomas Lines looks at the 28 years following the Second World War when there were no such crises. He concludes, drawing on a well known result on the stability of systems from ecological theory, that we need to reduce the interconnections between banks by introducing severe restrictions on interbank lending and derivatives trading, and reintroducing exchange controls.< Less

In this report, commodities expert Thomas Lines shows what has really happened to food prices and farm incomes in recent years. Food prices have risen, but not faster than manufactures. However,... More > agricultural inputs like fertilisers and oil have risen much faster. This has created a world crisis for farming, a crisis of reduced agricultural incomes, and an ageing farming population. The author argues that a new approach is needed, building on known methods – a greater variety of staple crops, traditional farming techniques and agro ecology – to create a food system which is economically as well as ecologically more resilient and sustainable.< Less

Blog

Social

Welcome to Lulu!

We notice you are using a browser version that we do not support. For you to have the best experience on Lulu.com, we recommend using the current versions of Firefox, Chrome, Safari, or upgrading to Internet Explorer 9 (or higher).